Carrefour SA (OTCMKTS:CRRFY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Carrefour SA (OTCMKTS:CRRFY) have been assigned an average rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

CRRFY has been the topic of several recent research reports. Oddo Bhf raised shares of Carrefour to a “neutral” rating in a report on Thursday, April 23rd. UBS Group raised shares of Carrefour from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. Finally, Royal Bank Of Canada initiated coverage on shares of Carrefour in a report on Monday, July 6th. They issued a “moderate buy” rating for the company.

Carrefour Stock Performance

Shares of OTCMKTS CRRFY opened at $3.69 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.87 and a debt-to-equity ratio of 0.83. Carrefour has a one year low of $2.82 and a one year high of $4.13. The business’s fifty day moving average price is $3.70 and its 200-day moving average price is $3.69.

About Carrefour

Carrefour is a French multinational retail corporation established in 1959 and headquartered in Boulogne-Billancourt, France. As one of the world’s largest retail chains, the company pioneered the hypermarket concept in Europe, combining a supermarket and department store under one roof. Over the decades, Carrefour has expanded its footprint to encompass a variety of store formats, including hypermarkets, supermarkets, cash & carry outlets, convenience stores and e-commerce platforms, catering to a wide range of consumer needs.

Carrefour’s core business activities revolve around food retailing, non-food products and services.